12914 Valleyheart Dr

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Address: 12914 Valleyheart Dr, Studio City, CA 91604, USA
Created date: May 15, 2024
Date last updated: May 15, 2024

Property Description

Miller & Desatnik Realty Corp. is proud to present 12914 Valleyheart Dr. for sale, a 6 unit apartment building located in the heart of Studio City, one of the most sought after locations in the San Fernando valley.Constructed in 1962, the building has an excellent mix of units consisting of 2 - One Bed + One Bath Units and 4 -Two Bed + Two Bath Units. These charming units are equipped with amenities including central air conditioning, dishwashers, balconies, and a pool. The building is located on a beautiful, treelined street across from the Valley heart Riverwalk. Tenants can enjoy close access to a variety of upscale shops, markets, and exercise facilities located at the nearby Shops atSportsmen’s Lodge. The property is strategically positioned within the San Fernando Valley, offering convenient access to major transportation routes. This isa rare opportunity for an investor to purchase a value-add income property in a great Studio City location

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $2,195,000
No. of Units: 6
Cap Rate: 3.73%
GRM /GIM: 15.09
Year Built: 1962
Building Size: 6,418 Sq ft
Lot Size: 6,299.00 Sq ft
No. of Stories: 2
Opportunity Zone: No
Price per unit: $365,833
Address: 12914 Valleyheart Dr, Studio City, CA 91604, USA

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